If you were to ask your basic, stereotypical CEO crybaby, such as Jamie Dimon, what the biggest threat to freedom is, they would undoubtedly answer “regulation.” Because, you know, there’s nothing worse than asking corporations play by the rules. But…
Tag: Austerity
Econ 101: "Compromise" And Other Euphemisms
First, three thoughts. 1. Let’s be really, really clear about what the GOP were saying by demanding all-or-nothing on the extensions. Roughly translated, it was: “We are more than willing to see taxes go up on absolutely everyone, even those…
GOP: Not Willing To Compromise
In case you were worried that post-partisan politics might be on the horizon, don’t be. GOP says compromise not on the agenda if they retake the House. “Look, there will be no compromise on stopping runaway spending, deficits and debt.…
Econ 101: DeLong on Britain
Brad DeLong takes issue with the new policies of British Conservatives. Their shame would not be quite so great if they had a theory about what elements of spending will grow to offset their 9% of GDP planned fiscal contraction.…